Thank you, Mr. Chair, and I thank our guests for coming today.
I'm going to put it right on the table: we're not here to hear the arguments back and forth. You guys can compete on the street, but don't compete in here.
I think Mr. Lockie's summation of what's available.... The rules weren't changed or varied. Those rules have existed for many years, and the cabinet decided that to overrule the COC decision of the CRTC. So it's available, it's done, and we're looking today.... I think the motion is really about foreign investment.
You made a couple of points I'd like to follow up on. I'll start with Globalive.
You talked about phased-in liberalization. What is your definition of “phased in”? Have you thought about it? What does it mean? Without giving away competitive secrets, what kind of money are we talking about by way of investment? How big are the investments we're talking about?
Finally, for you, and then I'll come to your colleagues, there's the question of expense of that investment. You are claiming—and I tend to agree, but I want to know what your view is—that foreign investment, or additional opportunities for investment from outside of Canada, may have driven down the price that it costs. Do we have a sense of how much that is and what difference it can make in your business plan?